No change to STI constituents

3 Dec 2020 - The Business Times
THERE are no changes to the Straits Times Index (STI) constituents following the December quarterly review. The STI reserve list, comprising the five highest-ranking non-constituents of the STI by market capitalisation, will be Frasers Logistics & Commercial Trust, Suntec Reit, Frasers Centrepoint Trust, ...
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Singapore stocks rebound from Wednesday's loss, STI up 0.41%

3 Dec 2020 - The Business Times
DESPITE opening lower on Thursday, Singapore shares picked up ground as the day progressed to end in positive territory, rebounding from Wednesday's loss. The benchmark Straits Times Index (STI) gained 0.41 per cent or 11.39 points to close at 2,822.34, after some 1.61 billion securities worth S$1.08 ...
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MAS bans two insurance agents for dishonesty

3 Dec 2020 - Singapore Business Review
They were formerly with Aviva and Great Eastern Life, respectively. The Monetary Authority of Singapore has banned two former insurance agents for dishonest conduct. Prohibition orders were issued against former Aviva Financial Advisers representative Chong Yoon Loi and former Great Eastern Life representative ...

Daily Briefing: NUS invents ‘fast and safe' way to solidify natural gas; Neuroglee bags $3.07m in pre-seed funding

3 Dec 2020 - Singapore Business Review
And Dusit Thani Laguna Singapore opens in Singapore. From ChannelNewsAsia: A team of researchers from the National University of Singapore (NUS) has developed a new mixture that can convert natural gas into solid form within 15 minutes, making it easier to transport and store the gas in a “fast and safe” ...

One in three Singaporeans ditch their travel credit cards

3 Dec 2020 - Singapore Business Review
As much as 551,000 Singaporean card holders may have said goodbye to their cards, says One in three Singaporeans who had a travel credit card at the beginning of the pandemic may have already swapped it out, reports A survey by Milieu of 1,008 Singaporeans aged between 16 and ...

Singapore stocks open lower on Thursday, STI down 0.4%

3 Dec 2020 - The Business Times
SINGAPORE stocks opened lower on Thursday, amid mixed trading in stocks in the region and the US, and the listing of Credit Bureau Asia on the Singapore Exchange's mainboard. The Straits Times Index (STI) was down 12.14 points or 0.4 per cent to 2,798.81 as at 9.01am. Gainers outnumbered losers 68 to ...
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Stocks to watch: Geo Energy, Credit Bureau Asia, Addvalue Technologies

3 Dec 2020 - The Business Times
THE following companies saw new developments that may affect trading of their securities on Thursday: Geo Energy Resources: It has reached the minimum threshold for its coal reserves, and will not have to make a mandatory offer to purchase US$59.2 million worth of outstanding 8 per cent senior notes. ...
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Markets Briefing: STI closes down at 2,810

3 Dec 2020 - Singapore Business Review
The Straits Times Index slumped on Tuesday trade by 3.17 points or 0.11% to finish at 2,810.95. The decline was mainly triggered by investors consolidating November’s gains, while taking in US stimulus talks. President-elect Joe Biden recently announced that he would not immediately strike down the tariffs ...
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STI slips into the red, closing 0.1% lower at 2,810.95

3 Dec 2020 - The Business Times
THE benchmark Straits Times Index (STI) slipped into the red on Wednesday, declining 0.11 per cent or 3.17 points to close at 2,810.95. Among the STI constituents, the trio of banks made gains on Wednesday. UOB climbed 0.8 per cent or S$0.18 to close at S$22.75, while OCBC closed up 0.6... To continue ...
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CGS-CIMB downgrades Jardine Matheson to 'hold'

3 Dec 2020 - The Business Times
Singapore JARDINE Matheson Holdings (JMH) has been downgraded to "hold" by CGS-CIMB in a research note on Tuesday, as it believes the shares have already priced in short-term recovery expectations. Shares of JMH closed at US$54.06 on Wednesday, down US$0.46 or 0.84 per cent from the previous close. However, ...
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